Express, Inc. (EXPR) Releases Q3 Earnings Guidance
Express, Inc. (NASDAQ:EXPR) updated its third quarter earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.13-0.18 for the period, compared to the Thomson Reuters consensus estimate of $0.16, AnalystRatingsNetwork reports. Express also updated its FY15 guidance to $0.85-0.95 EPS.
Shares of Express, Inc. (NASDAQ:EXPR) opened at 14.59 on Wednesday. Express, Inc. has a one year low of $11.80 and a one year high of $25.05. The stock has a 50-day moving average of $15.37 and a 200-day moving average of $15.67. The company has a market cap of $1.226 billion and a P/E ratio of 13.92.
Express (NASDAQ:EXPR) last released its earnings data on Wednesday, August 27th. The company reported $0.08 EPS for the quarter. The company had revenue of $481.40 million for the quarter, compared to the consensus estimate of $457.10 million. During the same quarter in the prior year, the company posted $0.20 earnings per share. The company’s quarterly revenue was down 1.8% on a year-over-year basis. On average, analysts predict that Express, Inc. will post $0.81 earnings per share for the current fiscal year.
A number of analysts have recently weighed in on EXPR shares. Analysts at Zacks upgraded shares of Express from an underperform rating to a neutral rating in a research note on Tuesday, August 12th. They now have a $14.60 price target on the stock. On a related note, analysts at Janney Montgomery Scott upgraded shares of Express from a neutral rating to a buy rating in a research note on Monday, June 23rd. They now have a $22.33 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Express from $16.00 to $20.00 in a research note on Tuesday, June 17th. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of Buy and an average price target of $18.69.
Express, Inc (NASDAQ:EXPR) is a specialty apparel and accessory retailer offering both women’s and men’s merchandise.
Receive News & Ratings for Express Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Express Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.